Toronto, Ontario – October 21, 2020 – Doré Copper Mining Corp. (the “Company” or “Doré Copper”) (TSXV: DCMC; OTCQB: DRCMF) is pleased to announce that effective October 21, 2020, it has commenced freely trading on the OTCQB Venture Marketplace (“OTCQB”) under the symbol “DRCMF”.
Ernest Mast, President and CEO stated, “With gold prices at all time highs and expected strong market conditions for copper, it is the right time to trade on the OTCQB to make the Company accessible to a much broader range of U.S. investors and assist in our goal of increasing liquidity and visibility in the U.S. We look forward to introducing our high-grade copper and gold assets to new investors in the U.S. Given that we have existing mine infrastructure, including a 2,700 tonne-per-day mill, Doré Copper remains focused on expanding resources through the drill bit with the view to an eventual hub-and-spoke restart.”
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About Doré Copper
Doré Copper Mining Corp. is a copper-gold explorer and developer in the Chibougamau area of Québec, Canada. Doré Copper has consolidated a large land package in the prolific Lac Doré/Chibougamau mining camp that has produced 1.6 B lbs of copper and 3.2 M oz of gold. In addition, the Company has optioned the high-grade Joe Mann gold mine (production 1.17 M oz at 8.26 g/t Au). The land package includes 12 former producing mines, deposits and resource target areas within a 60-kilometre radius of the Company’s 2,700 tpd mill (Copper Rand Mill).
The Company’s objective is to create a profitable hub-and-spoke operation with its high-grade copper-gold assets. The Company’s current focus is to grow mineral resources and sequentially re-develop the high-grade Corner Bay (Cu-Au), Cedar Bay (Au-Cu), Joe Mann (Au), and Copper Rand (Au-Cu) deposits. The Company’s ongoing fully-funded 35,000-metre drilling program for 2020 and early 2021 is expected to lead to an updated mineral resource estimate and a Preliminary Economic Assessment (PEA) in 2021.
To date, the Company has completed 20,000 metres of drilling at both Corner Bay and Cedar Bay with positive results and has started to drill a number of high-grade gold targets at the former Joe Mann mine.
For further information regarding Doré Copper, please visit the Company’s website at www.dorecopper.com or refer to Doré Copper’s SEDAR filings at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
- 2021-10-14 Doré Copper announces mineral resource update for Devlin – Preliminary Economic Assessment underway
- 2021-10-06 Doré Copper announces significant mineral resource increase for Corner Bay ̶ Preliminary Economic Assessment Underway
- 2021-09-10 Doré Copper files technical report for Joe Mann
- 2021-08-19 Doré Copper Announces New Independent director
- 2021-07-28 Doré Copper announces its initial mineral resource at Joe Mann
- 2021-07-07 Doré Copper intersects 6.8 meters at 3.67% copper and 0.26 g/t gold at Corner Bay – Continues to expand deposit
- 2021-06-11 Doré Copper announces closing of C$14.6 million bought deal private placement of common shares and flow-through shares including full exercise of underwriters’ option
- 2021-06-01 Doré Copper strengthens its management team with the appointment of Steve Simard as project director
- 2021-05-18 Doré Copper announces C$13 million bought deal private placement of common shares and flow-through shares
- 2021-05-17 Doré Copper intersects 5.5 meters at 3.46% Copper and 0.25 g/t Gold at Corner Bay – extending deposit along strike by 200 metres
- 2021-05-11 Doré Copper completes option agreement for 100% interest in Cornerback – adds 2,100 hectares of land surrounding Corner Bay high-grade copper-gold deposit
- 2021-04-23 Doré Copper posts Q4 and fiscal year 2020 financial statements and MD&A on Sedar and grants stock options
- 2021-04-22 Doré Copper upgrades to OTCQX
- 2021-04-20 Doré Copper to webcast live on April 22 at Virtual Investor Conference: Critical and Strategic Minerals Investment Opportunities in the province of Quebec